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. you look at this kind of environment where i would say that investment decisions are not so easy to make. we have a really low interest rate environment, and if you look at these companies that are woven into the fabric of our lives, companies that are going to benefit from strength in america or otherwise, and they're paying you a better dividend yield than the so-called risk-free rate of return, you might be ok. > it's almost a bet on the economy i would dare say. matt, good to have you on the show. > > thank you. time for us to sail out of here for today. coming up tomorrow: traders unplugged! find out if our trading pros think amazon stock is the next apple. from all of us at first business, have a terrific thursday!
2.5% or so, these companies have figured out how to make money in a slow growth environment so combined with that, 4%, 5% earnings growth, that's reasonable in the kind of environment that we're in right now. >> no great shakes in terms of earnings growth. >> no. >> but good enough is what you're saying. >> that's right. i think it's good enough. >> what's priced into the market though? i mean, we've got expectations that we'll see much higher prof materialize or what? >> you know, really i think the market, you know, the p.e. ratio, if you look at valuations as far as that metric goes, i mean, the market is not willing to take the pes very high, may inch higher, 14, 14.5 or so, by the end of next year. the market knows we're in a slow growth environment. we're not going to get strong gdp, and it's not willing to assign much of a pe to these earnings. that's going to be a continuation, but next year i think investor confidence is going to improve a little. it's really lagged in this rally, so i think we're just going to be able to inch it up enough to where we have a decent yea
economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we are slipping behind a little bit. we are still topping the world still a top ten but it's a struggling environment for us right now. >> barely top 10. sandra smith, fox business networks. 25 after the hour. still to come obama care was supposed to cut costs for healthcare to all. now we are finding another hidden fee that insurance companies will be charging you to pay for someone else. plus a teacher is told to remove a ronald reagan quote from her classroom because it could be offensive to her students. we will explain. first on this day in history in 1954 joe dimaggio marries marilyn monroe. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >> he could no
assessments that might take against the various environments that the secretary mentioned. and we're engaged -- i've told you, we're engaged in planning to develop options against alternative futures. alternative future one collaboration or permissiveness all of which would have different requirements. >> you talk now possibility of training rebels -- >> i haven't heard that. that's not a request we've head. i don't know if they would have don't that request through some other channel. [inaudible] >> we're not working on options that involve boots on on the ground with, you know, i think you have to keep the possibility that if there is a peaceful transition and international organizations get involved they might ask for tax in that situation. but in a hostile situation, we're not planning for that. >> back to general dempsey, i asked whether there was militarily anything there was the u.s. could do to stop the assad regime from using chemical weapons. >> the act of preventing the use of chemical weapons wash almost unachievable, jennifer, you have to have such clarity of intelligence, you k
it's had a tremendous year in production, but the political and security environment there remains very challenging. dagen: any other countries, saudi arabia, even the united states with its increasing production here that can make up any loss that we might see in iraq, like is there any cushion anywhere else in the world? >> well, you know, when you look at, you know, where we can see potentially within opec, the saudis are the ones who have their capacity. it becomes an interesting what the saudis will do in terms if we did see losses coming out of iraq. right now we've seen iraqi exports down 10% in december but have not seen a major attack on a facility. for now i think everyone is in sort of wait and see mode. another country you want to watch though is libya. libyan production has been another country that has allowed us to absorb the loss of iranian exports. you do want to watch, do we see any potential problems in libya? that's a country where the security situation does not remain very stable. dagen: thank you. >> thank you for having me. happy new year. connell: let's mov
market sounds like a bull compared to that sort of an environment. >> let's talk about what harry just said though because he talked about the large umbrella-type situations that are really going to impact. demographics. >> yeah. >> the fact that the retail investor is gone. we're not going to have the same level of interest in stocks over the long term. he's expecting a big crash second half of the year. >> yeah. he's absolutely right. we've had bun buyer since 666 on the s&p in '09, the corporation itself. nobody else is in this buyer. can you imagine if somebody else does show up for a day or two? we could have a much better market. >> what's going to take us to those all-time highs, what area of the market do you want to be in to ride that wave? >> the multi-nationals. lagged the last couple of years. emerging market economies starting to do a bit better, and those companies that are geared in that direction. look, some of the u.s. companies will do fine, too. earnings are a question mark. that's -- that's part of the problem, but i think as financial and systemic risk mitigate som
. they're trying to get a new stadium and they want public funding and this in tax environment, they say the only way to really enhance your value is to leverage this kind of victory if they won the super bowl to get a new stadium, and they're right on the cusp of it. they're having that conversation with it. and they're the only team left that haven't won it. and then you have ray lewis, who was, you know, charged with murder 12 years ago. >> right. >> and now he's like the beacon of respect in the nfl. >> it's -- for me it's hard to get past my preconceived notions. i don't think the ravens belong, i hate to say that, where, you know, i think they're going to have a hard time getting past new england. and i also think atlanta's going to have a hard time getting past san francisco, don't you? >> i think the san francisco, in many ways -- >> did you watch that? >> yeah. they are good. it's funny, they say colin kaepernick and rg three are transforming the game of football. at 180 plus yards rushing. how can you do that for ten years? >> and then i think new england's defense trying to st
it to other people. be careful about your environment. bring purell with you restaurants. if you start to get the symptoms, stay home. >> that's a big part of it, isn't it? >> we were doing this report how it's $10 billion will be lost in people who call in sick because they have the flu, but what if people are coming into work who don't feel very well and suddenly just how easy is it to give it to somebody else? >> that's one of biggest problems, it's so contagious right now and the strains that are out there are so contagious and severe, that if you have symptoms and you go to work, there's a very good likelihood you'll give it to other people. and it doesn't feel good when you give it to friends and family. if you are sick, don't go to work and don't go to school. stay home, drink a lot of soup and tea and catch up on dvr. >> because of the severity of the situation, i was shocked to hear this, the archdiocese of boston and they feel they have a health emergency is telling priests they can suspend distribution of communion and alter sign of peace. and the shocking fact, the average desk is
as though the bridge is moving and breathing with the environment around it. the $8 million project was created to celebrate the bridge's 75th anniversary. the switch will officially be turned on in march and run for two years. >>> i knew after i brewed my first batch of home brew this is something i could do for a living. >> people love the brew. what he creates is something so unique that people are willing to line up for blocks around buildings to get their hands on it. coming up, the story of piney the elder, tonight's bay area press. >>> got tissues? the flu virus is sending hundreds to the hospital on the east coast, and doctors say it's just a matter of time before the flu virus hits the bay area hard. coming up, i'll take a look at the increase we're already seeing and what you can do to protect yourself. >>> and good afternoon, i'm jeff ranieri in the nbc bay area weather center. already tracking 40s right now, we'll have more on the freeze warning and how cold it will get, coming up in just a few minutes. (woman) 3 days of walking to give a break cancer survivor a lifetime
to stormwater infrastructure to transport water away from the urban environment. one approach was to carry waste and stormwater through the same pipe. this combined system was less expensive than building two individual pipe networks. and stormwater was seen as a way to flush out the sewers. through the 19th century, the combined system was considered state-of-the-art throughout the world, and is still in use in many cities today. but cities constructed these systems before treatment was the standard. and even today's largest treatment plant doesn't have the capacity to treat the sudden volumes of water rushing through a combined system during rain. the plant is overloaded, and the excess rainwater, mixed with untreated raw sewage, is diverted straight into local waterways, creating a combined sewer overflow, or cso. there are over 700 communities in the united states with combined sewer systems. the other approach was to separate wastewater from stormwater, using two pipe networks. this separate system simply carries the stormwater away from the city. but even separate systems pollute the water
on some gun measures. what's clear here is the political environment in washington, we've seen over the last several months, how it's been very difficult to get movement on anything that goes down to the wire for lawmakers to come up with some sort of bipartisan agreement. what the vice president is spelling out here, is floating, essentially he's talking about the reality of the current political climate here in washington. yes, there are things that can be done legislatively. but if those things can't be done, then the president is willing to act alone. why? because he says it's time to act no now. >> i want to make it clear that we are not going to get caught up in the notion, unless we can do everything we'll do nothing. it's critically important that we act. >> in addition to these meetings that you spelled out earlier that the vice president is holding today, yesterday he also met with some faith leaders. they talked about the moral imperative to act quickly. he also had a conference call with governors, other stated and local officials across the country. they're really tryin
environment. if the yield curve starts to stephen as we've seen in the -- to stephen as we've seen in the first weeks of 2013, that will eliminate net interest margin pressure. profitability should improve for the group. >> how much do you care about what's going on in washington over the next two months? >> i think that's important because the austerity measures being talked about in washington will slow general economic growth in the country. and as you know, that's a real driver for bank loan growth. and so if those austerity measures are too much and puts us into possibly a recession or just slower growth, that will affect the outlook for the banks. i think you're going to see that the housing market's going to continue to grow. and that's going to be a real driver to the success of the banks this year. >> okay. now in your note to clients, you say that your four best ideas -- i'll list them. walk us through why you like them. you like discover financial services, fifth third bancorp, pnc financial, and wells fargo. >> yes, when you hook at starting with the last one, wells far
contracts, for fostering a lot of the corruption in the country. so this is the environment in which president obama and president karzai will be meeting, trying to hammer out some agreement. on the other hand, president karzai would probably be well served by a larger u.s. presence in afghanistan because the more u.s. troops you have there, the more afghan soldiers they're going to train, the better equipped the afghan force is going to be. so again, this is going to be a really tough set of negotiations to see where that number falls. i can tell you, just in the last day or a couple days, i'm hearing more and more that that 6,000 figure is way more likely than that 10,000 figure. >> i suppose either way, numbers of troops is one thing, amounts of money is another. afghan military we've helped bill up cost way more than the afghan government is able to afford, it's billions of dollars still have to go in. >> reporter: yeah. they're owing to have downsize the military. they were building up the afghan military to sort of push back the taliban. but it was always clear that at some poi
, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-7040 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. >>. >> neil: wall street is on chopping block, morgan stanley ready to slash its work force. >> well it's general trend on wall street. factoring in the fiscal cliff, deal they cut was crummy. higher taxes, trick on investors. wall street is continue to slow. it's reported two weeks ago. citigroup was first to announce big cuts and we reported at the time that morgan stanley was considering it. fox news business network beat all the competition including our friends across the river whose name begins with a "c" by about an hour. >> neil: i so admire that. [ laughter ] >> what is interesting you went downhill within minutes? >> i did. >> you went from a war hero to a pawn. [ laughter ] >> neil: let me get your sense of whether this coul
returning service members to have a drink with mom and dad. advocates said if it's in a safe environment, why not? colorado just legalized recreationality marijuana. is the rocky mountain state on the road to moral ruins? are they on to something here? i think the compare to marijuana and alcohol is not accurate. marijuana is much safer than alcohol. i do reject that compare and this is hardly the top of my priority list in terms of things i want our legislators to focus on. i don't have a problem with the idea of people over 18 with their parents and have their consent being able to have a drink. i don't have a problem with the age being lowered to 18 to be quite honest. doesn't rank at top of my priors, but i don't have an issue with it. >> going after lowering the age, that's an interesting idea. i would be open to it. this to me seems different. first of all, is colorado so flushed with cash and overemployment that this is on the top of their priority list? really? i don't appreciate the way that this republican senator seems to attempt to wrap this issue in the flag. let's play it q
talk about just the overall economic environment. they say there were a lot of challenges that the industry faced during the last year, including continued low interest rates and elevated unemployment. though, they're not necessarily saying great things about what they see in the economy or at least what they had seen over the last year. only comes in one take at a time. >> where, let me see? >> keep going. >> mine does. >> mine over here. >> i got to go pop out into the next thing during the next thing. >> no. wells forgo at this point 34.99 bid. so no longer actually trading higher on this. i don't know what the metric that came out, but two cents ahead on better than expected write now. >> all right. >> okay. >> talk to an analyst. >> we're going to talk to an analyst and get him on the phone. let's get a quick check on the markets. the dow falling -- would open about 12 points lower. nasdaq off by two points. s&p 500 virtually unchanged. overseas in asia, as we do a quick fly around you can see we do have a little bit of bad news. shanghai composite off close to 2% on
well in the current environment. you can't survive in this industry unless you continue to cut costs. we've got a great track record, frankly, over the last five years of delivering, you know, circa 100 million pounds of cost savings year on year. we intend to do that going forward. >> and joining us with more, founder and managing director at neeve capital. thanks for joining us. how tough is if for the gross? tough for morrison's. we get tesco tomorrow. >> i think it is tough and goes beyond the economy. i think what's happened is to some extent people are prioritizing spending on other things over food. you've seen so much food inflation the last two, three years that people almost prefer to spend it on treat like apple, for example, or clothing. what that actually has meant is people are discovering or rediscovering that it's cool enough to shop, and people have discovered you can get good quality stuff at really much cheaper prices. and i think in other terms, what people are doing is they're shopping on convenience. they want to go? where closer to them. they don't actually lik
, that is it, and not only that, that shell gas production is cleaning the environment because we use more natural gas, using less coal, that means less greenhouse e mageses, and they are musing less emissions than they have in many years. great news today. >> wow, thank you so much. great report. >> thank you. >> okay, switching gears here to talk about the housing market. six years after the bubble burst, the consumer protection bureau set to outline a new set of home loan rules, but will the guidelines make the mortgage process transparent or add to confusion? asking someone who has a wealth of experience in the mortgage industry, bill emerson. great to have you with us. >> great to be here, lori. lori: what a year quicken had. $70 billion in loans closed versus the prior here and record of $30 billion. that is tremendous growth. why were conditions and even confidence among home buyers so improved in that time? >> well, i think there's a variety of reasons for that. number one, rates were low. that's helpful. number two, market participants shifted focus on what they wanted to do for m
. it costs a lot of money. in this case it is also costing the environment. >>steve: thanks for the cheery report. >> i was at the redskins game so i'm in a bad news. i'm hosting varney together. we're going to have grover norquist. we're going to give him a heart time because i say this fiscal cliff might have been his waterloo. >>steve: in a couple of minutes, the former marine who wrote a scathing letter to dianne feinstein will join us live. >>gretchen: matt damon wants us to believe that fracking is bad in his movie but a secret report says no fracking way. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment informati
. that's the bleed air. and that bleed air usually does everything from controlling the environment within the cabin, the heating and the cooling, onboard electronics. what makes the dreamliner so different, so unique, is the amount of innovation that's gone in to using these lithium ion batteries in order to run the electronics on the plane. well, part of the problem here is, you're taking an amount of electricity that is coming off of these generators, in a very confined and small space, andrew, i mean this would be different if you were in the middle of a power plant. you'd say no problem. companies do this all the time. now you're trying to do this inside of an airplane. we should point out, this has gone through certification at the faa, repeated testing. it's not like they're just throwing these planes up there and there hasn't been any kind of safety checks. they went through extensive tests. if the issue now is was there, and this is something i think we're going to hear about in the next couple of days, is there a specific, perhaps malfunction with some of the electronics a
our national security needs are, and make cuts in the environment and housing and transportation, and i just believe that i'm better prepared having just done what i have done to do this. it's not that i'd be the best interim senator ever. just that in these particular circumstances with very complex issues as kind of a continuation, i'm there, and i believe it's very important for us to go after them, for example, on this phony, irresponsible issue on the debt limit and do defense, social security, and medicare. the two most successful anti-poverty programs in history. at a time when people say we have too much inequality, the notion you would increase in equality is nuts, and further -- look, i had some unhappiness when i read about chuck hagel's remarks from 14 years ago, which i didn't remember, but now the question is he's a man who is going to help us withdraw from afghanistan and reduce the military. i'm very encouraged by that. my one criticism of the president was he wasn't going far enough in reducing the military. i think people now understand that it's either keeping
, first the committee on the environment and pickup works. and then, more importantly the committee on finance. you know, i could maybe tell the governor some more stories about how i pushed through the biggest tax increase in history 20 years ago, maybe entertain him with some of the funny stuff that happened on the senate floor when the republicans were not half as crazy as they are now. and then beg the governor to appoint me as john kerry's successor in the senate. my point, basically, experience matters. and in the overnight polling, america spoke, spoke clearly in favor of a senator o'donnell. in a poll we conducted on our website i now have a huge lead. a huge lead over anyone else to be appointed senator from massachusetts. 40% want barney frank. only 4% want oscar winner and current oscar contender ben affleck to take time off from living the dream to cast some votes in the senate for a couple of months. and as i stared at the polling today, 51% supported me. as i stared at those results, refreshing the refresh button, as the hundreds of votes were cast i reached for the ph
environment. they have the biggest brain to body weight ratio. these guys are no dummies. >> reporter: orcas are led by the females, who live up to 80 years. in this case, it's believed the grandmother found an opening and led them out. it will be up to her to keep them alive. navigating a patch work of ice for hundreds of miles in search of the open sea. neal karlinsky, abc news, seattle. >> hundreds of miles, but they can only travel one mile without -- and then they need a breath. so how does that work out? >> i'm no marine biologist, but the odds don't sound good they can survive, unless that ice melts more quickly than people are expecting right now. so you don't know how many of them there are or what other holes they can find or ice thin enough to pop through and get air. but the eyes of the world are watching that situation there. hopefully they're okay. but that plane flew over and no sign. so we'll keep you posted on that. >>> coming up, the high profile snub at the oscars. >>> but first, sizzling success for a cool industry, cashing in on a climate meltdown. you're watching "world
on wall street to be concerned. but we're not really in a political environment, brooke, where the -- neither the white house nor most people are concerned with whether or not wall street likes the pick. but he is -- he's a guy who had experience. he was involved in the 1997 balanced budget deal. he's been involved in social security legislation. all the topics that are hot right now, jack lew does have experience with. >> you mentioned sequestration, of course. we have a couple of fiscal cliffs over the next two months. do we have any idea what kind of negotiator he'll be and he'll drive a tough bargain with the speaker of the house, john boehner. >> as the chief of staff of the white house, that's a key issue. you got to be able to be tough, you got to be able to negotiate. if you were grading the white house and its negotiating abilities in the last few months, you may not give them a very high grade. what you get in jack lew is a guy who is highly, specifically familiar with the budgeting process. i wouldn't normally say this, that that's the most important thing a treasury
as to believe that we ever could have done anything close to a 10. given the domestic political environment, international situation, we are in, the weakness of our economy there is nothing of the seven or eight in the cards. it is worth looking at a 10 to realize why we are not in the best of all possible worlds. issue one is the big enchilada, in dealing with the long-term fiscal balance that we face in 8 sensible way. i would have given a 10 to what folks were talking about the new was unachievable, the grants bargain be -- the grand bargain taxes that would have stabilized the debt to gdp ratio. that would have been a package somewhere in the 2-$3 trillion range. the tiny between the election in the first to work out all those details. irrespective of that, we have two political party snarling at each other and not a whole lot in the way of negotiations. that was not in the cards. nine would have come from enacting some big pieces accompanied by a framework that would specify how the rest of the puzzle would be put together over the next six months. some incredible enforcement mechanism
diversity and we are in a tough political environment. with key cabinet picks already announced, the defense, state, and cia, the shift is now on others. >> does he settle on these names or still sifting through tough choices? >> he will make an announcement when he makes a decision. >> reporter: timothy geithner is expected to leave and although wall street and progressives are he can pressed concerns. someone with business expertise and with lisa jackson departing the environmental protection agency, a replacement is needed for her, too. it's a second-term ritual that douglas brinkley is often -- >> they pick people they wish they could have picked the first time around but you can't with the politics of a campaign when you're first making to the white house. >> reporter: climate is still a factor. susan rice withdrew her name to replace hillary clinton under pressure over her actions after the benghazi attacks. >> i think the political climate matters a lot now with who you pick. it shouldn't but it does. >> reporter: and there's pressure under the president to consider diversity after a
difficult to get a loan than five or seven years ago. everybody know that is the lending environment was too loose. anybody could walk in and you didn't have to prove income and you could probably get it with no down payment. that department make sense. huh no skin in the game and so many loans went bad. the pendulum has swung and the lenders are worried that if they make loans now that they have financial liability. the rule is the ability to repay. if the borrower does not demonstrate the ability o ability to repay, the loan goes bad and the lender can be charged. >> this protects the lender as well. >> exactly. if they use these new rules that everybody will, it will be designated a qualified borrower. qualified borrowers are like preapproved by fannie mae and we will take loan and if it goes bad, it's our fault, not yours. >> how does it affect the howing market? >> not good. a lot of the market depends on first time home buyers. these are people who most need help. they tend not to have much in the way of a down payment and tend not to have the best credit in the world. they are just ge
. defense attorneys for the boy claim he was raised in a violent environment and taught killing people was okay. child welfare authorities in fact, jenna, made more than 20 visits to the home checking on the boy. but the public defender representing him argued the youngster joined his fare, a regional leader of the national socialist movement, to nazi rallies and to the mexican border to learn how to keep mex ans out of the u.s. they say he had a violent streak. stabbing a teacher while in kindergarten with a pencil and the question in this case is did know what he was doing was wrong? his 11-year-old sister told her days ahead of time he planned to shoot his dad to avoid a breakup with their step mom. that is where the case today back in court. it is heard by a judge, not a jury. that judge will decide if there was premedcation and -- premeditation and whether or not his fathers beliefs and the boy's exposure to neo-nazi tactics led to the murder. if the judge rules he is guilty he could be held by juvenile authorities until he is 23. that is the latest, jenna. jenna: what a case. jam
parts of the world. as far as the current environment, it's a good place for them to we, focused on the u.s. even though our growth is not exceptional, it's still solid and better than other markets to be in. >> looking towards next week, morgan stanley, goldman sachs, bank of america out on thursday. what sort of growth rates are we going to see for these guys? how easy is the -- first of all, are they going the be flatted by easy xait comparisons? >> they're going to be very flattered by easy pairsons. there were a lot of eva chavrnlgs where the value of their bonds decreased. so they hurt a lot of their bonds. but sequentially from last quarter, it's not a large growth. 6/it's going to make them look a little better. >> what is going to be the key report for you or the key thing to focus on? >> as far as wells fargo, i would say what they have to say about the housing market. is it going to continue to be overheated? is it going to improve? this is something that affects not only the banks, but other parts of the economy, as well. we've seen in the consumer discretionary secto
a shop than it is in a -- [inaudible] environment. and the version of the colorado law makes the law enforcement side much more challenging. >> so the next thing a state could do is simply repeal, right? and say, well, if you're going to crack down on a regulatory system, we'll legalize without a regulatory system, and do what you can. >> you might notice that i think some of the initial efforts were a bit rebellious by nature. every marijuana user just -- [inaudible] i think some of them have a distaste for this becoming legal because now they're abiding with the law. [laughter] so i think what there is is a very aggressive response. you are going to see much more aggressive versions of the law, and by that i mean versions of just repeal. >> it's interesting, what we're seeing here is in some ways the breakdown of a federal/state law enforcement partnership in which the feds rely very heavily on the states which leads us to michael greve who will give us some broader context on what we're seeing unfold here. >> right. i'm against partnerships, and i'll explain why. there is a sort o
hills was the hud secretary in 1975. so it's been a long journey, and i think given today's environment, given that, again, 42% of our population is diverse, we should have a cabinet that looks like america. >> so every administration doesn't have enough diversity in it. >> i'm kind of quite surprised at that because with this president with his particular history and given all the campaign rhetoric about diversity and the female voter. >> let me bring up what the president's spokesperson said, jay carney. he said the president is choosing the best candidate available for the job. >> i'm shocked at that statement. you know, that's kind of a statement that was an excuse that was commonly used 20, 25 years ago. we're not talking about special treatment. we're talking about going out and finding the most qualified people where over 50% of the population are women, and we have tens of millions of americans who are people of color. >> so your message to the president is? >> i think he can do better. with every administration. regardless of which administration it is. we hope that we have a m
that schools are structured environment and frankly, little girl's behavior, a willingness to sit still, pay attention, not necessarily to talk and get up and run around the room is more conducive to a classroom setting. what we've done, trying to turn little boys into different forms of little girls and a lot has to do with the way that schools are structured. you take a six-year-old and sit him in a chair and expect that they're going to stay there. it isn't natural, frankly, it isn't natural for a lot of little girls, it's more for the convenience of teachers than it is accommodating to the child's needs. >> that's truly right. little boys are savages, i don't mean that in-- it's just true. >> we can't change it, but thr he' lovable and grow up to warm, wonderful human beings when they get a little older. >> tucker: amen. on that hopeful note. coming up, get an instant mood boost from botox. true, that story coming up and women all around put it on every day, but one woman gave herself a no makeup challenge for a year, claims it made her more beautiful. is this a good lesson in vanity for
in our urban environments and yes, under these circumstances where somebody goes in and shoots up a movie theater or shoots up a school. let's take the steps that make the most sense today. i had a great conversation yesterday with vice president biden. and i know he is preparing his recommendations to the president. and i don't want to get into the details of the discussion, but he's got this down pretty well. he understands what we need to do to make it less likely that these things are going to happen in our cities and towns and these mass murders could be limited at least going into the future if some common-sense things are taken. the magazine thing is very big. >> wes. >> and it seems like a large part of the issue as well is there are actually laws that are sitting on the becomes, laws that are supposed to be enforced by atf and federal authorities that they have not had the capacity to be able to enforce. where does that fall into the larger conversation as well, and what can states and municipalities do to actually enforce what's there right now, but we have been woefully insuffi
environment. there are still plenty of people who think the debt ceiling issues could be a debacle. february 15th, a little earlier than expected, a lot of people floating ideas that moody's might downgrade the u.s. debt sometime this quarter, if there's no grand bargain that ever appears, and that looks increasingly unlikely. i'm in the camp that the risk is to the down side on the stock market right now. earnings today, as you just mentioned here, look, the question has been whether or not putry was the trough in earnings that things would get better from here. it's going to be modest improvement. q4 isn't looking that great. we're only looking at roughly 3% improvement in earnings. that's not great. top line growth has been nonexistent throughout last year. q3 top line growth was zero. zero. we haven't seen that in a long time. you want to know how weird that is? the ten-year eenaverage is 7%. maybe it will be 3%. that's the hope. it's coming down as we're going in. so we may be at a trough in the third quarter, but the fourth quarter certainly isn't going to be gangbusters right now here
>> brian, we're all products of our experience, of our environment where we come from. i have been tempered by that experience about war. what war means, the consequences, who has to fight it. all of that experience is part of me and how i look at policy, how i look at our foreign policy, how i look at our military policy, how i judge consequences, how the world sees us. their trust in our purpose, in our power. no question that much of the questioning i had done about iraq, ev before we went into iraq was conditioned by, tempered by that experience in vietnam and whatever i will ever do in my life, whether it's in politics or outside, those experiences shaped me just like anyone who has gone through war. those experiences shape you very much. and one of the things it does is it makes you less inclined, i suspect, to jump into war. it's easy to get into war, not very easy to get out as evidenced by the johnson tapes. and you need to think through these things, diplomacy is critically important especially in a complicated world that we live in today. i think something else is important here
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